• Opinion: The Perils of Mail-in Ballots

    Opinion: The Perils of Mail-in BallotsJournal Editorial Report: Paul Gigot interviews elections expert Hans Von Spakovsky. Image: George Frey/Getty Images

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  • 5 things to watch on the ASX 200 on Monday

    ASX share

    On Friday the S&P/ASX 200 Index (ASX: XJO) finished the week on a positive note. The benchmark index jumped 1.5% to 5,904.1 points.

    Will the market be able to build on this on Monday? Here are five things to watch

    ASX 200 set to fall heavily.

    The ASX 200 looks set to fall heavily on Monday after a selloff on Wall Street on Friday. According to the latest SPI futures, the benchmark index is expected to open the week 91 points or 1.55% lower. On Wall Street the Dow Jones fell 2.8%, the S&P 500 dropped 2.4%, and the Nasdaq index tumbled 2.6%. A spike in coronavirus cases weighed on investor sentiment.

    Oil prices edge lower.

    Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could drop lower today after oil prices softened. According to Bloomberg, the WTI crude oil price fell 0.6% to US$38.49 a barrel and the Brent crude oil price edged 0.1% lower to US$41.02 a barrel. Concerns over the spike in coronavirus cases weighed on prices.

    Gold price jumps.

    Gold miners including Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could have a positive day after the gold price jumped higher. According to CNBC, the spot gold price rose 0.8% higher to US$1,784.80 an ounce. Demand for safe haven assets rose after equities tumbled.

    Fisher & Paykel Healthcare results.

    The Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share price will be on watch today when it releases its full year results. In March the medical device company revealed that it expects full year operating revenue to be approximately NZ$1.24 billion. On the bottom line, it has forecast net profit after tax in the range of NZ$275 million to NZ$280 million. Investors will no doubt be interested to hear if demand for ventilators has remained strong since the end of its financial year.

    Shares going ex-dividend.

    A number of popular ASX 200 shares are going ex-dividend this morning and could trade lower. These include the likes of BWP Trust (ASX: BWP), Charter Hall Group (ASX: CHC), DEXUS Property Group (ASX: DXS), Goodman Group (ASX: GMG), and Mirvac Group (ASX: MGR).

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    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post 5 things to watch on the ASX 200 on Monday appeared first on Motley Fool Australia.

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  • Zillow Co-Founder on acceleration of tech trends in real estate due to COVID-19

    Zillow Co-Founder on acceleration of tech trends in real estate due to COVID-19Spencer Rascoff, Co-founder and Fmr. Zillow CEO and dot.LA Founder, joins Yahoo Finance to discuss the trajectory for real estate across the U.S. and technological advancements in the field.

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  • This week in Trumponomics

    This week in TrumponomicsYahoo Finance’s Rick Newman joins The Final Round to discuss why President Trump may officially be the underdog in the 2020 elections and gives this week’s Trumpometer reading.

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  • Starbucks suspends social media ads over hate speech

    Starbucks suspends social media ads over hate speechThe coffee giant said it would pause advertising on some platforms in an effort to address hate speech.

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  • Why Coupang Could Be the Next Amazon-Like Investment

    Why Coupang Could Be the Next Amazon-Like InvestmentCNBC recently released its 2020 Disruptor 50 list, which comprises the top 50 private companies in the world that are positioned to become the next class of multi-billion dollar giants. Landing the No. 2 spot on CNBC's Disruptor 50 list was Coupang, a $9 billion e-commerce company widely considered the "Amazon of South Korea." Its placement on the list has many asking the question: Should I invest in Coupang?Source: Michael Vi / Shutterstock.com Rumors are swirling that this innovative, hyper-growth e-commerce giant will IPO sometime in 2021. For public investors, that's exciting, because it gives us the chance to invest in Coupang, which is arguably the most explosive e-commerce company in the world today with huge upside potential in the long run.Coupang's valuation currently sits around $9 billion. The company will likely IPO at a higher valuation, maybe around $20 billion or more. Long-term, though, this is a $50+ billion company in the making.InvestorPlace – Stock Market News, Stock Advice & Trading TipsAs such, this is an upcoming IPO worth watching. As soon as investors get a chance to invest in Coupang, I'd take advantage of that opportunity.Here's a deeper look. South Korea Is a Great E-Commerce MarketThe fundamentals underlying Coupang are very strong.It all starts with the fact that South Korea is the perfect market for e-commerce. It's one of the most densely populated countries in the world with an expected peak population in 2024 of 51.35 million. More than 80% of the country's citizens live in super-dense cities. It's also one of the most tech-savvy countries in the world, with a 96% internet penetration rate (versus 89% in the U.S.) and the fastest average internet connection in the world.Not to mention, the smartphone has become ubiquitous across South Korea in a way it hasn't anywhere else in the world, with 95% of the country's phone population having a smartphone. In America, that number sits closer to 80%. * 10 Consumer Stocks to Buy to Ride the Post-Covid-19 Wave It should be no surprise, then, that South Korea's e-commerce market has grown at a 25%+ compounded annual growth rate since 2015.Or that the e-commerce penetration rate in South Korea is near 30% (versus approximately 10% in the America).Or that South Korea's e-commerce penetration rate could soar to 50%+ over the next few years, paving the path for continued 25%+ annualized e-retail sales growth. Coupang Is King in South Korean E-CommerceCoupang is at the epicenter of all this growth.Yes, South Korea has access to Amazon's (NASDAQ:AMZN) services. But Coupang is killing Amazon in South Korea at its own game: speed.Coupang has built out an unparalleled, end-to-end logistics network in South Korea which includes 200+ warehouses spanning 20 million square feet — a footprint so vast that "70% of Koreans live within 10 minutes of a Coupang logistics center."The company has leaned into this robust logistics network to dominate last-mile delivery and kill the competition when it comes to delivery times and consumer convenience — something which Amazon is known for in the U.S.More than 99% of Coupang's orders are delivered within a day. Soon enough, that time-frame may shrink down to a half-day, with Coupang recently launching a Dawn Delivery program, which promises delivery of items ordered before midnight, by 7 a.m. the next day.In other words, Coupang is doing in South Korea right now, exactly what Amazon did in the U.S. over the past few years to dominate the U.S. e-retail market.To that end, Coupang should be able to keep leveraging faster delivery times to sustain its position as the Amazon of South Korea. Huge Growth RunwayAccording to management, Coupang's revenues rose more than 60% year over year to 7.2 trillion won in 2019. E-retail sales in South Korea in 2019 measured 135 trillion won, giving Coupang about 5% market share on a revenue basis.That share has been rising for several years. It should keep rising going forward, because Coupang is further differentiating itself as the fastest player in this market, at a time when speed is the most important thing to the consumer. Consequently, it's easy to see Coupang's market share rising to 20%+ over the next few years.At the same time, South Korea retail sales should keep growing at a near-3% pace, supported by rising incomes, population growth and urbanization. E-commerce penetration rates will rise from 30% to 50%+ on the back of smartphone ubiquity, increased e-commerce convenience and faster internet speeds.All together, Coupang projects as a fast share gainer in a South Korean e-commerce market that will easily sustain 10%+ growth.Assuming so, my modeling suggests that Coupang could, within the next 7 to 10 years, wind up doing $75+ billion in sales. Assuming an Amazon-like margin profile with approximately 5% retail operating margins, I think Coupang has a visible runway to $3+ billion in net profits.A 20-times multiple on that implies a potential future valuation for Coupang of $60+ billion. Should You Invest in Coupang?Coupang is one of the most exciting private companies in the world right now, and arguably the most exciting e-commerce company in the world.This super exciting company will likely IPO in 2021.Given that, those looking to invest in Coupang should watch closely for this upcoming IPO. Getting in early on this explosive growth company should pay off handsomely in the long run.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the best stock pickers in the world by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. As of this writing, he was long AMZN. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Despite what individual companies may promise, there's always the chance of losing a portion, or the entirety, of your investment. These risks include:1) Greater chance of failure 2) Risk of fraudulent activity 3) Lack of liquidity 4) Economic downturns 5) Dearth of investor educationRead more: Private Investing Risks More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Why Coupang Could Be the Next Amazon-Like Investment appeared first on InvestorPlace.

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  • American Airlines to fill planes to capacity starting July 1

    American Airlines to fill planes to capacity starting July 1The CEOs of major U.S. airlines, including American Airlines, Delta, JetBlue and Southwest, are meeting with Vice President Mike Pence to discuss the impact of COVID-19 on the industry. Yahoo Finance’s Akiko Fujita and Emily McCormick break down the details.

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  • Fed to cap bank dividend payments after completing stress test, COVID analysis

    Fed to cap bank dividend payments after completing stress test, COVID analysisThe Federal Reserve will bar big banks from increasing their dividend payments, following the central bank’s annual stress tests that included a “sensitivity” analysis incorporating the impact of the COVID-19 crisis. Calvin Schnure, Nareit Senior Economist & Former Federal Reserve Economist, joins Akiko Fujita to discuss.

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